Corporate News: Page 94
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SunEdison buys 33% stake in Dominion solar portfolio, moves assets to yieldco
SunEdison completed the acquisition of a third of the 231 MW portfolio, and then dropped the assets into Terra Nova Renewable Partners, a partnership managed by SunEdison and J.P. Morgan Asset Management.
By Robert Walton • Jan. 21, 2016 -
Southern California Edison signs 500 MW of utility-scale solar PPAs with First Solar
The California utility renews its push for renewables in response to state’s new mandate requireing 50% renewables by 2030.
By Herman K. Trabish • Jan. 21, 2016 -
Explore the Trendline➔
Kevork Djansezian via Getty ImagesTrendlineSustainability
Companies are pursuing increasingly ambitous sustainability goals around clean energy, but integrating rising amounts of renewables, minimizing environmental impacts, and achieving carbon reduction targets can be challenging.
By Utility Dive staff -
Duke, Piedmont request accelerated review of proposed $4.9B merger
The companies told regulators that the deal could lower fuel costs for Duke Energy Carolinas and Duke Energy Progress.
By Robert Walton • Jan. 20, 2016 -
Deep Dive
DNV GL aims for energy storage 'global guide' with GRIDSTOR standards
Aligning standards across the storage industry will help 'create a level playing field' for providers, analysts say.
By Peter Maloney • Jan. 19, 2016 -
Deep Dive
New arrival Spruce ups game for 'trusted energy advisor' role
A new company offering both DER and efficiency financing can be a partner or a competitor to incumbent utilities looking to bolster their customer relationships.
By Herman K. Trabish • Jan. 19, 2016 -
California regulators approve SCE pilot to build 1,500 EV charging stations
The pilot program calls for the installation of 1,500 stations and could lead to a $333 million, 30,000 station buildout by 2020.
By Herman K. Trabish • Jan. 19, 2016 -
Sumitomo begins operation of 6 MW, 2 MWh battery for PJM frequency regulation
The new project in Ohio is the first to come online operated by the Japanese corporation.
By Peter Maloney • Jan. 19, 2016 -
J.D. Power: Business customer satisfaction with utilities at 8-year high
Improvements in communications, corporate citizenship and prices mean business customers are happier with their utilities than they have been in nearly a decade.
By Robert Walton • Jan. 15, 2016 -
PG&E tried to dispose of safety records on San Bruno explosion, federal attorneys say
A former employee hired to improve record keeping reportedly found key safety records in a dumpster outside a company natural gas facility.
By Herman K. Trabish • Jan. 15, 2016 -
Barry haynes [CC BY-SA 3.0 (https://creativecommons.org/licenses/by-sa/3.0)], from Wikimedia Commons
UBS: Resident opposition could sink NextEra-Hawaiian Electric deal
The investment research firm sees a good chance of “the deal breaking up given persistent consternations.”
By Herman K. Trabish • Jan. 14, 2016 -
Iowa regulators deny Clean Line's third request to change transmission approval process
The developer wants the leverage of a permitted line before it seeks the right of eminent domain.
By Herman K. Trabish • Jan. 14, 2016 -
Deep Dive
How a new business model could get the Puerto Rico public utility out of debt
The only way PREPA can save itself is to find a path to lower cost electricity, but any restructuring deal is bound up in the politics of both the island and Capitol Hill.
By Herman K. Trabish • Jan. 13, 2016 -
Nevada regulator urges commission not to delay new solar net metering rates
The full Nevada commission will meet today to consider calls from the solar industry to stay a controversial net metering ruling, but one regulator has already made his opinion on the matter clear.
By Herman K. Trabish • Jan. 13, 2016 -
Oncor CEO, former Texas Gov. express concerns over Hunt plan to restructure utility
As regulators consider the proposed acquisition of Oncor Electric Delivery by Hunt Consolidated for an estimated $18 billion, lobbying is still going on in the pages of The Dallas Morning News.
By Robert Walton • Jan. 13, 2016 -
Dominion Virginia Power commits $700M to solar in long-term resource plan
Virginia regulators use regulatory process to push the utility toward a bigger resource mix.
By Herman K. Trabish • Jan. 13, 2016 -
Hawaii PUC Chair warns NextEra against sideline maneuvers with HEI merger opponents
Hawaii's lead regulator says NextEra's most recent filing in the case came too close to an evidentiary hearing for other stakeholders to review it.
By Herman K. Trabish • Jan. 12, 2016 -
Vermont regulators approve new line to bring Canadian renewables to New England
The New England Clean Power Link will carry 1,000 MW of capacity under Lake Champlain.
By Herman K. Trabish • Jan. 11, 2016 -
Deep Dive
Bigger than batteries: Why the cost of other components matters to storage deployment
As deployment accelerates, the plummeting cost of balance of system components will help make storage a better deal for utilities and third parties nationwide.
By Herman K. Trabish • Jan. 11, 2016 -
Sunrun exits Nevada after net metering decision
Sunrun Inc. has followed two other major solar developers in ceasing operations in Nevada after what they preceived are unfriendly solar policies.
By Krysti Shallenberger • Jan. 7, 2016 -
Cleco boosts customer perks again in Louisiana merger bid
Cleco Corp. and Macquarie Infrastructure and Real Assets have almost doubled customer bill credits in an effort to get approval for their plan to take the power company private.
By Robert Walton • Jan. 7, 2016 -
Nevada regulators will consider delaying new net metering rates, monthly charges
The state's consumer advocate argues the ruling could violate the U.S. constitution’s contracts clause.
By Herman K. Trabish • Jan. 6, 2016 -
Illinois landowners push regulators to rethink $2B Grain Belt Express transmission line
The permit allows Grain Belt Express line connecting Kansas wind to the East to use eminent domain.
By Herman K. Trabish • Jan. 5, 2016 -
Midwestern utilities Xcel and Westar make big wind buys
Upper Midwest wind is now “competitive with new natural gas," an Xcel executive said.
By Herman K. Trabish • Jan. 5, 2016 -
Deep Dive
DERs in 2016: What experts expect for a booming sector
With the market for distributed energy resources set to blossom thanks to the extensions of vital tax credits, solar especially is primed to grow, experts predict.
By Herman K. Trabish • Jan. 4, 2016 -
Survey: Over half of solar installers do not offer TPO financing or PPAs
Solar installers across the country are facing stiff competition for customers, and many are selling systems for cash or unsecured loans, a new survey finds.
By Herman K. Trabish • Jan. 4, 2016